Problems with the Market: The Environment

Slides:

Advertisements

Similar presentations

Changing Patterns Of Oil Production And Consumption IB SL.

Advertisements

Energy Resources Human Impact on the Environment.

Theme: Global Environment & Health Day 2 Lesson. Objectives Consider the impact of people on physical systems and vice versa. Examine causes and effects.

Changing Patterns of Oil Consumption. Spec Analyse the global patterns and trends in the production and consumption of oil. 2 hours.

Examine the global patterns and trends in the production and consumption of oil.

© 2011 Pearson Education, Inc. The Cultural Landscape: An Introduction to Human Geography 10 th Edition Classroom Response System Questions Chapter 14.

Carbon Capture and Storage: What Does Integrated Assessment Modelling Analysis Tell Us? Dr Vaibhav Chaturvedi Research Fellow Council on Energy, Environment.

Indiana and Coal. Global electricity demand is expected to grow by 70% between 2010 and This is the equivalent to adding the population of U.S.,

NEW VISION OF ENGINEERING ECONOMY COURSE (VISION) MODULE 3 LECTURE 7 Cairo, 17 July 2005.

Energy and Sustainability. Energy How much energy do you need? How much energy do you use?

The Earth’s Changing Environment As preparation for the final exam, consider the 10 following issues and be sure that you could answer the accompanying.

Chapter 9: Earth’s Resources and Environmental Protection

Resource Issues Chapter 14 An Introduction to Human Geography

North and South America Focus

ENERGY &WATER RESOURCES PREAICE GEOGRAPHY9 TH GRADE.

ENERGY RESOURCES. 1. Energy resources can be divided into renewable and non-renewable energy resources. Yes No.

environmentally sustainable society A Society that satisfies the basic needs of its people without depleting or degrading its natural resources and thereby.

Nuclear Energy Review BLS Environmental Science. Nuclear Risks Evaluate the risks of nuclear power. Are we overly concerned or not concerned enough about.

Energy Resources: The Class of 2016 Name Period Date.

Lecture 6 Thursday, September 20 The Environment.

Fredrik Hedenus Physical Resource Theory Fredrik Hedenus Physical Resource Theory Chalmers University of Technology. The role of.

Earth’s Changing Environment Lecture 6 Global and US Energy Consumption and Production.

Alternative Energy 5.3 Great website… ?page=solar_home- basics#solar_environment-basics.

Lecture 6 Thursday, September 18 The Environment Reminder: read section on global warming in revised chapter 5 for new edition of American Society, available.

D. Drouet - RDIWTO Workshop October WTO Workshop on Environmental Goods Trends in the Environmental Goods Industry. October 11, 2004 Dominique.

Global Environment Facility Climate Change 14 May 2004 Siv Tokle GEF Monitoring and Evaluation Unit.

"In every deliberation, we must consider the impact on the seventh generation... even if it requires having skin as thick as the bark of a pine”

How can we attempt to solve our planets growing environmental concerns? Unit on Modern Issues- Environmentalism.

World energy production by source in 2004: Oil 40% coal 23.3% natural gas 22.5% hydroelectric 7.0% nuclear 6.5% biomass and other 0.7%.

Energy Demand Outlook by Mohamed Ariff Based on Data from The Institute of Energy Economics, Japan.

Energy. Index Energy Sources Turn Into Energy  Gas power station  Oil power station  Coal power station  Nuclear power station Advantages Disadvantages.

Global Economic Challenges Chapter 20. Goals & Objectives 1. Malthus’s views on population growth. 2. Importance of nonrenewable resources. 3. Renewable.

Worksheet #2 Absolute Population Growth Annual Growth Rate.

COAL.  Solid  Underground  Carbon Content: Lowest to highest  Peat  Lignite  Bituminous  Anthracite.

Hazardous Waste.

Nuclear Power Plant Basics

Lecture 6 Thursday, February 2 The Environment.

Explain the advantages and disadvantages of viable energy resources

Natural Resources Something found in nature that can be used to benefit us. Examples: Air, water, soil Biological resources (plants and animals) Raw materials.

What Role could/ will nuclear power play in North America?

Hydrogen Production using Wind and Hydro in New Zealand

Today’s Energy Picture

To start… Which is the most polluting fossil fuel and why?

RESOURCES AND WORLD TRADE

9/4 Do Now! Fill out the Vocabulary Term Sheet on Your Desk with the word of the day- Environment Environment: All external conditions and factors, living.

Sources of Energy Comparison

Lesson Objective: You will be able to compare the advantages and disadvantages of using hydroelectric power to generate electricity.

Changing Patterns of Oil Consumption

3.3 Energy Resources.

Lecture 7 Thursday, September 23 Transportation.

7.8 Human Population Characteristics and Implications

Resource Issues Chapter 14 An Introduction to Human Geography

Energy Resources: The Class of 2016

RENEWABLE ELECTRICITY IN THE APEC REGION (Phase II)

"In every deliberation, we must consider the impact on the seventh generation... even if it requires having skin as thick as the bark of a pine.

Olivier Marquette 19 September 2016

Highlights of Energy Stats 2016 & Outlook 2035

Without energy nothing happens.

2.6 How can we reduce the impacts of climate change?

Types of Environmental Issues

Environmental Problems, Their Causes, and Sustainability

Alternative Energy Earth and Space 1

Without energy nothing happens.

Environmental Trends Population Shifts Stable or Declining

To register your vote and questions go to:

Environmental Problems, Their Causes, & Sustainability

Presentation transcript:

Problems with the Market: The Environment Lecture 6 September 21 Problems with the Market: The Environment

Example of Environmental problem from individual free-riding Your Choice Recyle Don’t recycle Everyone else’s choice Recycle $50 A $100 B Don’t Recycle -$50 C $0 D Individual annual cost of recycling = $50 Individual long-term benefit from recycling = $100

1987 TV Public Service Ad Against Pollution http://www.youtube.com/watch?v=hwYDyRKmxZc&feature=related

Energy Use in the USA and elsewhere, 2005 0.0% 5.0% 10.0% 15.0% 20.0% 25.0% United States Europe Japan, SK, Australia, NZ China Africa Latin America % of global energy use % of global population

negative externality: Inter-generational negative externality: Displacing costs onto future generations

Displacing costs onto the powerless NIMBY externalities: Displacing costs onto the powerless

Census tracks in California by cancer risk from toxins in the air 0% 10% 20% 30% 40% 50% 60% 70% Lowest third of risk highest third of risk White Nonwhite

CENTRAL PROPOSITION: For capitalist firms pollution is not just an accident: In general, the most profitable economic strategies will be the most polluting because they successfully displace costs on others.

Lois Gibbs account of her Love Canal experience http://www.youtube.com/watch?v=PrzqFPego4A

Total subsidies for energy from the U. S Total subsidies for energy from the U.S. government 1950-2006 = over $700 billion 50% for oil & natural gas 13% for coal 11% for hydroelectric 9% for nuclear 6% for wind and solar

Funding for the E.P.A. as a % of the Federal Budget